15
Dec
08:07
Formosa hikes domestic HRC prices amid Chinese bullishness
Vietnamese producer Formosa Ha Tinh Steel (FHS) has hiked domestic prices by 10% for its new allocations of hot rolled coil, Kallanish notes. Market participants deem the mill’s latest prices to be workable because Chinese product quotes have risen to similar levels.
FHS announced on 15 December the February-shipment price for non-skin-passed SAE 1006 HRC to be at the equivalent of $605/tonne (VND 14,375/t) cfr Ho Chi Minh City …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous